A blog about finance literacy in Singapore context
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Standard Chartered eSaver Account Review 2024
Last updated: March 2024 Key Takeaways: Question: What is the Standard Chartered eSaver Account?Answer: A savings account offering competitive interest rates, online management, and no monthly maintenance fees, designed for ease of access and efficient saving. Standard Chartered eSaver Account Review: A Concise OverviewThe Standard Chartered eSaver Account stands out for its competitive interest rates…
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How do you invest in Silver?
Why is Gold and Silver Valuable? Humanity has had an affinity with precious metals since almost the beginning of time. Gold and silver have been sought after because of their properties. They are noble metals and the least reactive among all of them. They resist corrosion and oxidation. You can make a gold scepter and…
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Do I really need Personal Insurance in 2024?
Key Takeaways: What are the different types of insurance you should consider?The essential types of insurance to consider for comprehensive financial protection include life insurance, health insurance, long-term disability insurance, and property insurance. Each type addresses specific risks, ensuring you and your assets are safeguarded against life’s uncertainties. Insurance acts as a safety net, shielding…
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Guide Singapore Savings Bonds SSB
Key Takeaways Introduction Singapore Savings Bonds (SSBs) offer a secure, accessible investment option, ideal for safeguarding capital and earning step-up interest over time. In recent years, Singapore Savings Bonds (SSBs) have emerged as a popular choice for individual investors looking for a safe and flexible way to save their money. As a low-risk investment issued…
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Standard Chartered JumpStart Review Singapore 2024: Unveiling the Benefits for Savvy Savers
Last updated: March 2024 Key Takeaways Introduction Unlock financial growth with Standard Chartered JumpStart—a no-fee, high-interest account for Singapore’s young adults. As a young saver or investor in Singapore, finding the right financial products can often be overwhelming, but the Standard Chartered JumpStart account simplifies this process. Designed specifically for individuals aged 18 to 26,…
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OCBC 360 Review Singapore 2024: An Unbiased Look at Features and Benefits
Key Takeaways Introduction Maximize your savings with OCBC 360’s tiered interest rates, rewarding everyday banking activities. Question: What are the benefits of using the OCBC 360 account in Singapore?Answer: The OCBC 360 account benefits users with tiered interest rates that increase with specific banking activities such as salary crediting, bill payments, and credit card spending.…
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CPF SA Shielding 2024: Evaluating Its Benefits and Drawbacks
Key Takeaways In the recent Budget 2024, the government made the decision to close Special Accounts – meant for retirement savings and investments – for those aged 55 and older, this will certainly affect how people make use of SA shielding. Introduction Unlock the potential of your CPF savings with SA Shielding—a strategic move to…
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DBS Multiplier Review Singapore 2024
Last updated: March 2024 Key Takeaways Introduction Maximize your savings with DBS Multiplier Account, where your banking activity directly boosts your interest earnings. Question: What is the DBS Multiplier Account and how can it benefit savers in Singapore?Answer: The DBS Multiplier Account is a savings account that rewards customers with tiered interest rates based on…
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Guide to Best Travel Insurance in Singapore 2024: Choosing Your Ideal Policy
Travel insurance is an essential aspect of planning any trip, and in Singapore, travellers have a variety of options to choose from. Understanding the nuances of different travel insurance policies ensures that I am adequately covered for any unforeseen circumstances during my travels. Whether I am going on a short business trip or embarking on…
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UOB Stash Account Review Singapore 2024
Evaluating the UOB Stash Account, a savings option offered by the United Overseas Bank in Singapore, requires a critical look at its features and benefits. I find that it is designed for customers who prefer to accumulate their savings over time and who are looking for tiered interest rates. The more one saves, without making…
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Singapore T-Bills SGS Bond Rate
Guide to SGS Bond in Singapore: Securing Your Investments Treasury bills or Singapore Government Securities bonds, commonly known as SGS Bonds, are short-term securities issued by the Singapore government. As a secure investment option, they provide a safe avenue for managing surplus funds with maturity periods typically ranging from a few days up to a…
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Guide to Best Savings Accounts with Highest Interest Rate in Singapore 2024
In seeking the best savings accounts with the highest interest rates in Singapore, I’ve conducted thorough research to identify which financial institutions offer the most competitive returns on deposits. With the economic landscape constantly shifting and the multitude of bank offerings, it’s imperative to stay informed about where one can maximise their savings. High-interest savings…